ZIP 88240 Foreclosure, Tax-Lien & Distress Report

DLRadar grades ZIP 88240 (Lea County, New Mexico) at a low 24/100 for overall property distress. Structural risk reads 55/100 against active distress of 2/100. Environmental exposure also runs high (climate & FEMA risk (84/100)). The pressure is most legible in construction/permit lag (75/100), structural risk (55/100), institutional ownership (13/100). On the quiet end sit institutional ownership (13/100) and mortgage stress (8/100).

The peak-phase market in 88240 posted values that rose 1.9% over the year, and 17% higher over three years (phase confidence 24/100). Topping markets hide individual distress behind strong averages.

41,612 residents call 88240 home, typically aged 30. The vacancy rate is 11.2% — elevated. Rent burden reaches 37% of tenant households. On demographic stress specifically, 88240 scores 32/100. Home values center near $186,900, an affordability ratio of 2.7× — accessible. There are about 16,720 housing units across 88240. 65% of housing is owner-occupied. About 17% have a four-year degree. At $65,394, median income runs below typical U.S. levels. Roughly 19.7% live below the poverty line, elevated and often tied to deferred-maintenance inventory.

Net-net, 88240 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Parcel-level detail for 88240 is not published yet -- the ZIP-level readings above remain fully sourced to public records.

The number is not local guesswork: 88240's 24/100 comes from the same nationwide foreclosure, tax, mortgage and lender model, making it directly comparable anywhere. Sparse data for 88240 shows as blanks, never estimates, and the score updates on every fresh public filing.

The 24/100 figure for 88240 is a composite, not one metric: it rolls up foreclosure and pre-foreclosure activity, mortgage stress, tax delinquency and liens, local lender headwind, and structural risk into a single reading, which is why a ZIP can look calm on price yet score high on distress. In workflow terms, 88240 is a go/no-go - the score says whether to drill in, then DLRadar carries you to parcels, capital and closing.